Trump administration officials outlined an aggressive, multi-agency strategy to address persistently high fertilizer prices, a key concern for American farmers heading into the spring planting season.
During a press conference Tuesday at USDA’s headquarters in Washington, D.C., U.S. Agriculture Secretary Brooke Rollins said consolidation in the fertilizer industry has sharply reduced competition, noting that just four companies now control roughly 75 percent of the domestic nitrogen market, while two firms dominate potash. The result, she said, has been fewer options and higher costs for farmers already operating on thin margins.
MORE INFORMATION HERE.
